HP 20b Business Consultant Quick Start Manual page 78

Table 8-2 Depreciation Menu Items
Item
Factor=
A metalworking machine, purchased for $10,000.00, is to be depreciated
over five years. Its salvage value is estimated at $500.00. Using the
straight-line method, find the depreciation and remaining depreciable value
for each of the first two years of the machine's life. See Table 8-3.
Table 8-3 Straight Line Depreciation Example
Key
:\
<
5I
Description
The declining balance factor as a percentage. This
is used for declining balance and declining balance
crossover methods only.
Display
78
Description
Opens the Depreciation menu
starting with the straight line
method.
Displays the current value of the
useful life. 1 is the default value.
Inputs 5 as the current value for
the useful life.
Depreciation